Sell XAUUSD
We're looking at this short opportunity on m30 chart.Market is making lower highs and lower lows and is below 100SMA indicating downtrend. Price made a move down and a pullback upside now we're looking to sell with stops going above 0.618 and targets at 1.27 extension then 1.618 as our second target.
Note
First potential target (1.27 extension) has been meet.We'll wait for price to hit the second targetTrade closed: target reached
Second target met at 1.618 .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.